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Thursday, 25 November 1965

Mr KELLY - Has the Minister for Trade and Industry read a statement made by Mr. Wilson of Fibremakers Ltd., a sub*sidiary of Imperial Chemical Industries of Australia and N.Z. Ltd., in public evidence to the Tariff Board on 9th August, in which Mr. Wilson gave the impression that his company regards a return of 20 per cent, on total funds as a reasonable return on capital? What particular attributes does Fibremakers Ltd., which makes artificial fibre yarn, possess that necessitate a return of 20 per cent, on total funds, while its competitors, the wool growers, who produce natural fibres, are expected to manage on very much less, if on anything at all?

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